CAD 0.320.013.03%

Independent Director

Mr. George M. Bee was appointed as Independent Director of Sandspring Resources Ltd., with effect from September 29, 2011. Mr. Bee currently acts in his capacity as a director for the Company and Stillwater Mining Company. Mr. Bee has an extensive career operating and developing worldclass gold mining projects, most recently in Latin America. He was President, Chief Executive Officer and a director of Andina Minerals Inc. until January 2013, following which the company was sold to Hochschild Mining. He currently serves on the Board of Directors of Stillwater Mining Company. Previously, Mr. Bee was Chief Operating Officer of Aurelian Resources, Inc. where he was primarily responsible for the development of the Fruta del Norte Project in Ecuador until its sale to Kinross Gold Corporationrationration in 2008. Prior to that Mr. Bee was Director, Technical Projects for Barrick. During his 16 year career at Barrick, he was responsible for a number of operating and development projects. In 1998, he worked as Operations Manager to bring together the operating team and work to finalize the construction and commence operations at the Pierina gold mine in Peru. Additionally, Mr. Bee has experience and familiarity with disclosure requirements in the course of his business and as a director for the Company and other junior mining companies. Mr. Bee is a graduate of the Camborne School of Mines in Cornwall, United Kingdom.

Age: 56 Director Since 2011

720-854-0104 http://www.sandspringresources.com

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Management Efficiency

The company has return on total asset (ROA) of (15.72) % which means that it has lost $15.72 on every $100 spent on asset. This is way below average. Similarly, it shows return on equity (ROE) of (78.82) % meaning that it generated substantial loss on money invested by shareholders.